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A safe space to speak
08 May, 2017

When asked to imagine what her university years would have been like outside the Education Development Unit (EDU), teacher’s assistant (TA) Lavhelesani Netshilindi is at a loss.“When I try to picture it, I don’t know,” she shakes her head.“I don’t think I would have survived.“It is for people like me that have baggage,” she explains. More than the bags of clothes she brought with her to UCT. Language, financial stress and culture shock are but a few of the difficulties she experienced.

The EDU staff helped guide her through her struggles with English and worked with her to build up her confidence when speaking the language. They also counselled her through her financial stress, so that she could focus her energy on her studies.Now, four years later and having recently passed part 1 of her qualifying examination, Netshilindi is well on her way to becoming a chartered accountant.

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Commerce caps off May graduations
06 May, 2017

It has been a week of celebrating excellence, as over 4 300 graduates were capped in 14 ceremonies during this delayed graduation season.

Commerce was the last out of the gates, with the final three of a total of six commerce ceremonies taking place on Saturday 6 May.

Graduands enjoyed the sounds of Blackroots Marimba which accompanied the academic processions. This was followed by performances by the South African College of Music.

“Today is a day of joy and we celebrate you and your success. Our world is fragmented. There seems to be so much that is wrong: wars, epidemics, poverty, inequality and discrimination and we seem to be moving from one crisis to the next.”

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Frequency of stock market trading reduces returns
13 April, 2017

Research has shown that stock market investors who trade frequently do so at their peril because trading frequently reduces returns. Due to the transactions costs involved, buying and selling shares costs money and the more you trade, the worse your returns. Curbing trading frequency should be a priority for investors and policy makers, but clear research on who trades frequently is needed.

An international collaboration between Gizelle Willows at the University of Cape Town and Dr Daniel Richards at RMIT University investigated the characteristics of frequent trading investors. In their study of 7 200 UK retail investors, they find that male and younger investors traded frequently. Also, investors who sought investment advice and investors who used stop losses also traded frequently.

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